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Business
PAI Partners strikes €330mn deal for Italian haircare group Beautynova
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.French private equity group PAI Partners is to buy a…
Can China catch the US in the AI race?
The U.S. and China are both making enormous gains in artificial intelligence capabilities as the rival superpowers battle it out to harness the rapidly evolving technology for…
GB News breached impartiality rules over politicians as news presenters, finds Ofcom
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.TV channel GB News has repeatedly broken broadcasting…
Wages in the US are falling at a ‘striking’ pace, Indeed says
U.S. wage growth has slowed sharply over the past year and is getting closer to returning to its pre-pandemic level, according to new data from career site Indeed. The wage…
Dispute over genomic databank undermines fight to thwart next pathogen
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.A dispute over developing a genomic repository threatens…
Cost of living hinders younger generations from saving for retirement: Fidelity
A new report from Fidelity Investments finds that over half of Millennials and Gen Z believe they will have a harder time saving for retirement due to the higher cost of…
Europe’s top banking supervisor warns of tougher times ahead
European banks must brace themselves for rising insolvencies, greater geopolitical risks and upheaval in energy-intensive industries, the eurozone’s new chief banking supervisor…
Can UBS become Europe’s Morgan Stanley?
Over two days this month, UBS drafted in Roger Federer, Bill Ackman and the head of Covid vaccine maker Moderna to give a series of motivational talks to the Swiss lender’s 250…
Crypto ETF providers head for UK but urge rethink on retail ban
A rash of cryptocurrency exchange traded products are likely to be listed in London after regulators softened their hardline opposition to allowing domestic access to funds with…
FirstFT: Vladimir Putin cruises to Russian election win
Stay informed with free updatesSimply sign up to the WorldmyFT Digest -- delivered directly to your inbox.Good morning. We kick off the week with news about Vladimir Putin’s…